Bibliograph

Pricing the planet's future, the economics of discounting in an uncertain world, Christian Gollier

Type

Label

Pricing the planet's future, the economics of discounting in an uncertain world, Christian Gollier

Language

eng

Bibliography note

Includes bibliographical references and index

Illustrations

illustrations

Index

index present

Literary Form

non fiction

Main title

Pricing the planet's future

Nature of contents

bibliography

Oclc number

792880974

Responsibility statement

Christian Gollier

Sub title

the economics of discounting in an uncertain world

Table Of Contents

Three ways to determine the discount rate -- The Ramsey Rule -- Extending the Ramsey Rule to an uncertain economic growth -- Random walk and mean-reversion -- Markov switches and extreme events -- Parametric uncertainty and fat tails -- The Weitzman argument -- A theory of the decreasing term structure of discount rates -- Inequalities -- Discounting non-monetary benefits -- Alternative decision criteria -- Evaluation of risky projects -- The option value of uncertain projects -- Evaluation of non-marginal projects

Creator